San Lorenzo Gold (CVE:SLG) Sets New 1-Year High – Here’s Why

San Lorenzo Gold Corp. (CVE:SLGGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.14 and last traded at C$1.12, with a volume of 256504 shares. The stock had previously closed at C$1.04.

San Lorenzo Gold Stock Up 5.8%

The company has a debt-to-equity ratio of 54.08, a quick ratio of 0.03 and a current ratio of 0.75. The company has a market capitalization of C$88.18 million, a PE ratio of -110.00 and a beta of -1.16. The firm’s 50-day simple moving average is C$0.83 and its 200 day simple moving average is C$0.62.

About San Lorenzo Gold

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San Lorenzo Gold Corp., an exploration company, acquires and develops mineral properties in Chile. It primarily explores for copper and gold. Its flagship property is 100% interest hold in the Salvadora project that covers an area of 8,796 hectares located in the Province of Chañaral, III Region, Chile. The company is headquartered in Calgary, Canada.

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